Bitcoin is at a stage where it doesn't need promotion, and investors should stop looking for reasons for price fluctuations in the news, said Anthony Scaramucci, founder of SkyBridge Capital. According to U.Today, he emphasized, "BTC is already at a stage where it doesn't need a narrative; it is the most important invention in modern history. Trying to connect every short-term price movement to the news is meaningless. The recent price correction was not due to deteriorating fundamentals, but rather due to large-scale liquidations of leveraged positions and sales by miners to secure operating costs."
